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HDK approves EV charging infra worth Rs 1,232cr for Karnataka

Kumaraswamy said the RE PM scheme, with Rs 7,280 crore, will boost rare earth magnet manufacturing.

PTI

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  • HD Kumaraswamy with delegates during a conference on Enabling Nationwide EV Charging Infrastructure (Mohammed Asad)

Bengaluru, 12 May


Union Minister HD Kumaraswamy on Tuesday announced approval of proposals pertaining to electric vehicle charging infrastructure totalling Rs 50,386 crore across various states, including Rs 1,232.6 crore for Karnataka.


“I am happy to announce approval of proposals for Karnataka involving 1,243 EV chargers with an outlay of Rs 1,232.6 crore, further strengthening Bengaluru’s position as a leading EV charging hub,” the Minister of Heavy Industries said after inaugurating a Conference on Enabling Nationwide EV Charging Infrastructure under the PM E-DRIVE Scheme in Bengaluru. “So far, EV charging proposals with a total financial outlay of Rs 50,386 crore have been approved, covering installation of 4,874 EV chargers across various states and CPSUs.”


Kumaraswamy said the amount released in the first phase is Rs 2,000 crore.


“In the second phase, whatever development proposals your state has shown today regarding EV vehicles and charging stations, I assure you from my department that we will support you fully and with confidence,” Kumaraswamy added.


The approved proposals include major CPSUs such as HPCL, IOCL, and BPCL, as well as states including Rajasthan, Andhra Pradesh, Uttar Pradesh, Gujarat, Kerala, Telangana, Karnataka, and Tamil Nadu.


He said the Production Linked Incentive for Advanced Chemistry Cell Battery Storage scheme, with an outlay of Rs 18,100 crore, encourages domestic battery manufacturing. The PLI Auto scheme, with Rs 25,938 crore, promotes cleaner vehicles, including EVs and hydrogen models.


He said the RE PM scheme, with Rs 7,280 crore, will boost rare earth magnet manufacturing.


Kumaraswamy also highlighted the PM E-Drive scheme, with an outlay of about Rs 10,800–10,900 crore, including Rs 2,000 crore for EV charging infrastructure. Under FAME, 8,932 chargers have been installed nationwide, including 721 in Karnataka.

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